Electric Car Battery Breakthrough

The main reason for having a huge factory dedicated to building batteries is,
. . . a lot of people want electric cars,
. . . but automakers don’t have enough batteries to make them.
Elon Musk said, the Gigafactory could produce 500,000 vehicles every year.
. . . Forbes notes, that's more than 2013's worldwide production of lithium-ion cells.
. . . With the heightened production, Musk says battery costs,
. . . will eventually be able to be cut by about 30%.

08-31-2014 Source: Electric Car Battery Breakthrough